Chakr Innovation, a cleantech startup, has raised an undisclosed amount as Series B growth capital from Neev Fund II, which is managed by SBICap Ventures.
Chakr Innovation aims to accelerate the commercialisation of its technology with the latest round of funding.
Founded in 2016 by IIT Delhi graduates — Kushagra Srivastava and Bharti Singhla, Chakr Innovation has developed a device that mitigates pollution at source and captures harmful particulate matter emissions.
The startup has previously raised multiple rounds of funding, including a Series A round of Rs 19 crore led by IAN Fund and ONGC. The company had also raised seed capital from Parampara Capital and Globevestor, along with various angel investors.
